One of your firm’s directors is retiring soon and the board want to pay him a lump sum to reward his long service. The trouble is that golden handshakes are usually taxable. Is there a more tax-efficient alternative?
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Your business sells goods and services to overseas customers, and you do not charge VAT. Can you still claim input tax on any UK expenses that directly relate to these sales?
Buried in the 2024 Autumn Budget were small print changes to HMRC’s “official rate” of interest. The consequences of these have just taken effect. How might they affect you and your employees?
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